Renata Quintini and Roseanne Wincek - Investing at the Supercritical Stage

**Patrick O'Shaughnessy** (0:00)
This episode of Invest Like the Best is brought to you by Tegus. I started hearing about Tegus when several of my close professional investor friends sent me passages or ideas they'd found on the Tegus platform. Conducting effective primary research shouldn't take weeks, it should take hours. Searching for answers shouldn't be lengthy, cumbersome process. It should be easy and nearly immediate. Expert calls should not cost $1,000. Tegus solves these problems and makes primary research faster and better for professional investors. Tegus has built the most extensive primary information platform available for all investors. With Tegus, you can learn everything you'd want to know about a company in an on-demand digital platform. Investors share their expert calls, allowing others to instantly access more than 10,000 calls on Square, Snowflake, or almost any company of interest. All you have to do is log in.
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To hear more about Tegus, stay tuned at the end of the episode where I sit down with Tegus customer Ben Claremont from Cove Street Capital to talk about how Tegus is part of his investing process. This episode is brought to you by Hall Capital Partners. Hall Capital manages more than $40 billion in global multi-asset class portfolios on behalf of endowments, foundations and high net worth families with investments managed by distinguished investors, many of whom have been guests on this podcast. Hall Capital is always looking for exceptional investment talent at any stage and size, with particular focus on diverse teams which they believe better drive decisions and outcomes.
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Hello and welcome everyone. I'm Patrick O'Shaughnessy and this is Invest Like the Best. This show is an open-ended exploration of markets, ideas, stories and strategies that will help you better invest both your time and your money. Invest Like the Best is part of the Colossus family of podcasts and you can access all our podcasts including edited transcripts, show notes and other resources to keep learning at joincolossus.com.

**SPEAKER_2** (2:44)
Patrick O'Shaughnessy is the CEO of O'Shaughnessy Asset Management. All opinions expressed by Patrick and podcast guests are solely their own opinions and do not reflect the opinion of O'Shaughnessy Asset Management. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
Clients of O'Shaughnessy Asset Management may maintain positions and the securities discussed in this podcast.

**Patrick O'Shaughnessy** (3:09)
My guests today are Renata Quintini and Roseanne Wincek, co-founders and managing directors of Renegade Partners.
Before launching Renegade, Renata and Roseanne were partners at high-profile VC firms, Lux Capital and IVP. During our conversation, we explore their careers and what led them to launch Renegade. We cover what it means to invest at the super critical stage in venture and dive into a variety of topics around this theme. We then discuss their investing philosophies more broadly, covering what best-in-class talent pipelines look like, what quality revenue means to them, and what worries them most in search of businesses with outsized potential returns.
I think this episode highlights that even as competition in venture has intensified, the best VC partners can offer more than just capital. I hope you enjoy my conversation with Renata and Roseanne.
So, Roseanne and Renata, right before we hit go here, we were talking about this notion of starting a new investment firm. Both of you came from storied careers and really well-known, well-respected investment firms, but you chose to opt into sort of a blank slate to create an investment firm from scratch, which must be a really interesting thought exercise because you get to choose all the variables. I'd love to hear from you both what that process was like and in going through that thought exercise, what was brought with you from your prior firms and what based on the conditions and your team are new and different on top of that blank slate.

**Renata Quintini** (4:33)